LTIMindtree announced the launch of Navisource.AI, a GenAI powered autonomous sourcing platform. Using the power of AI-driven pricing and negotiation engine, the platform aims to reduce overall procurement cost by 10-15%. Navisource.AI revolutionizes procurement with AI, streamlining processes from requisition to risk management.

It integrates with LLM and Model Catalogs via Canvas.AI, enhancing enterprise workflows. Compatible with Ariba and SAP S/4HANA, it provides comprehensive navigational and decision-making support. Procurement teams can use Navisource.AI for market research, pricing intelligence and recommendations with cost efficiencies at its core.

The analysis engine powered by GenAI understands the requirements and arrives at the best fit sourcing strategy. It also eliminates manual touchpoints and enhances collaboration across supplier, procurement function and requestor.